1 bed terraced house for sale in Finchale Close, Sunderland (ref: RS0437)

A fantastic opportunity to acquire this one-bedroom terraced property, offered with a tenant in situ and generating an impressive gross yield of approximately 11% at the asking price, making it an ideal addition to any investment portfolio.

Investment Opportunity- Tenant in Situ:

Currently tenanted at £495 PCM, this property offers an excellent gross yield of approximately 11% at the asking price, making it a standout investment opportunity. With a tenant in situ, there are no void periods, providing immediate and consistent rental income from day one.

Well-Connected Location:

Ideally positioned just 7 minutes from Sunderland City Centre and Sunderland Train Station, and only 6 minutes from Park Lane Metro Station, the property benefits from excellent transport links. The University of Sunderland is also within a 9-minute drive, alongside a wide range of local amenities, enhancing its appeal to tenants.

EPC Rating C:

Benefitting from a strong EPC rating of C, the property offers improved energy efficiency, making it more attractive to tenants and supporting long-term rental demand.

Upon entering the property, the home benefits from an entrance porchway, ideal for coats and belongings. You are then welcomed into a bright and spacious living room, complete with laminate flooring and a large front-facing window allowing for plenty of natural light. The room also features a lovely focal fireplace and is open plan, leading into the kitchen at the rear. The modern gloss-finish kitchen includes integrated appliances, while the rear door provides access to the garden.

The first floor comprises a double bedroom and a contemporary shower room.

Externally, the property benefits from a private rear yard, while to the front there is on-street parking.

Finchale Close is ideally situated with easy access to a range of local amenities, schools, and transport links. The property is conveniently located near key routes including the A690 and A19, providing excellent connectivity to Durham, Newcastle, and the surrounding areas, making it particularly appealing to commuters and tenants alike.

Council Tax Band: A (Sunderland Council)
Tenure: Freehold
Parking options: On Street
Garden details: Private Garden, Rear Garden
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains